Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
2 bedrooms
Not specified
1/33
Available
£147,000
Bridgestone House, 27 Blue Anchor Lane, SE16 3UL
Share 30% / Full price £490,000 / Min deposit £14,700
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Description
Property reference number: 1639688
This well-positioned apartment is just a short walk from both Bermondsey and South Bermondsey stations, offering fantastic connectivity to the Jubilee Line and Overground services. You’ll enjoy quick access to Canary Wharf, London Bridge, and the West End, making commuting a breeze.
When it comes to local amenities, everything you need is right on your doorstep. There are a variety of shops and a post office at the end of the road, and for your grocery needs, Iceland and Tesco are just around the corner. The area also offers several gyms for those looking to stay active, and for shopping enthusiasts, Surrey Quays Shopping Centre is within easy walking distance. With everything you need within reach, this apartment offers both convenience and accessibility.
Closest stations: Bermondsey (0.5 miles), South Bermondsey (0.6 miles)
Bus routes nearby: 1, 381, 47, 188, P12, C10
Key features:
- Communal garden
- Private balcony
- Communal playground
- Communal terrace
- Floor-to-ceiling windows with city views
- Fitted wardrobe in master bedroom
Financial information Tenure: Leasehold Remaining lease term: 125 years Annual ground rent amount: £300 Ground rent review period: 25 years Annual service charge amount: £2,538.96 Service charge review period: Annually Council tax band: E
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The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£147,000
Shared Ownership Resale
Full price £490,000
Estimated monthly cost£1,687
Rent£746
Service charge£212
Mortgage£729
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
Service Charge: Covers maintenance and repairs for communal areas within your development.
Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
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